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Extruded plastics: US market to reach USD 23 bn in 2013

Demand for extruded plastics in the US is forecast to expand by 2.6% annually, reaching 15.4m t in 2013, according to a recently published report, "Extruded plastics”, from US market research group Freedonia (Cleveland, Ohio; www.freedoniagroup.com). By this time the market for resins for extrusion will be valued at over USD 23 bn and will account for 40% of the final product cost of USD 59.2 bn.

A turnaround in the US housing market, along with growth in disposable packaging, will help demand for extruded plastics to recover from demand falls in 2007 and 2008.

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